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SAS

0.00%

1.6¢ sky and space company ltd

Does not always work like that what was SAaS worth when we were...

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Hunterr

5,646 Posts.

1292

12/02/20

15:55

Post #: 42891004
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Originally posted by Lebba ↑

Ok thanks for your response Zara.

Basic fundamental analysis suggests that it couldn't go that low.
I will try to explain....

Let's assume that after they complete the CR, they have 15M in the bank.
At 0.005, the company will be valued at approx. 25M. This valuation includes the cash on hand (15M), plus any assets they own (which could be the 3Ds, which depreciate over time, software IP, contracts, ground stations, etc).

If you do not put any value on the assets, then the company should be worth at least the value of the cash on hand (15M).
This means that, in theory, the lowest it should get (assuming you don't put a value on assets) is 0.003, which values the company at approx.15M.

But in reality, I think that the assets have some value - is it 5M, 10M, 15M - who knows.
All depends on sentiment, which I believe will turn IF the CR is completed successfully (which I believe it will).
But if I apply my basic fundamental analysis, I do know that 0.001 is very unlikely because that would say that the SAS MC is approx. 5M, even when they have 15M (assumption) in the bank.

This is why I shake my head when posters make predictions on SP without any understanding of the fundamentals.
Hope that makes sense.

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Does not always work like that what was SAaS worth when we were 28.8c
Because we did not have 100 mill plus in assets or bank
the price goes on what ever someone is willing to pay and I believe we will definitely see lower than 0.005 if it ever opens
Maybe not for long but it will definitely
Touch 0.004 or lower

SAS Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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